POTTSTOWN, PA — The $38.9 million 2014 borough budget was adopted by council with a 5-1-1 vote Monday night after it was announced the tax hike had ducked under the 1 percent mark.
With a 6-1 vote, Council also approved a sewer rate increase of $5 per quarter for the base rate, and an additional 20 cents per 1,000 cubic feet of water used — an increase of about 4 percent.
Borough Manager Mark Flanders announced prior to the budget vote that the 1.01 percent tax hike initially proposed by the administration in November had been cut to 0.95 percent.
For a resident with a home assessed at $85,000, that works out to an increase of $8.39 for the year, he said.
Read more: http://www.pottsmerc.com/general-news/20131210/council-oks-39m-budget-tax-hike-below-1-sewer-rates-up-4